Big entrepreneurship final for upper secondary school students at the Danish Bankers Association

29 April 2015

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​Eight teams from upper secondary school are ready for the Danish final in the entrepreneurship competition European Business Game (EBG) on Thursday 30th April in Copenhagen.

What is the best business idea? A product that can minimise energy waste from cooling with air-conditioning? A filter which makes it safe to drink contaminated water? Or a device that can reduce the risk of bacteria spreading among patients - or something else?

This will be settled the 30th April, when the Danish final in the entrepreneurship competition for upper secondary school students, EBG, will be held for the 24th time in Denmark. It will take place in the Danish Bankers Association’s conference room at Amaliegade 7 in Copenhagen from 9.00am-14.00pm, including a prize ceremony.

Approximately 1,500 upper secondary students across the country have competed since mid-September, and the field has been narrowed down to eight teams. They will meet each other in the final at the Danish Bankers Association, where they will compete for the main prize of DKK 25,000 and participation in the international EBG finals, which will be held in Croatia this year.

It is simply not enough to have a creative business idea. At the final, the teams must present their product to a panel of judges, and they also need to present a convincing business plan, including an assessment of marketing opportunities, budgets and financing together with a media plan. Part of the task was e.g. to discuss financing opportunities for the product with a bank.

During the final, the participants also get the opportunity to learn more about the conditions and opportunities for entrepreneurs in Denmark. The politicians Lotte Rod (Social Liberal Party), Peter Hummelgaard Thomsen (Socialist People’s Party) and Jakob Engel-Schmidt (Liberal Party) will attend to answer questions. Furthermore, the politicians are present to listen and gather advice on how new teaching methods and topics can help improve the upper secondary education.

EBG is organised by the Danish Bankers Association in collaboration with the Association of Teachers of Business Economics at STX (FLE), the Association of Teachers of Business Economics at HHX (DRØF) and the Danish Commercial Industries Federation.